Tradeweb Markets Inc.
US ˙ NasdaqGS ˙ US8926721064

SecurityTW / Tradeweb Markets Inc.
InstitutionCIBC Private Wealth Group, LLC
Latest Disclosed Ownership357,060 shares
Latest Disclosed Value $ 38,398,209
CIBC Private Wealth Group, LLC reports 7.74% decrease in ownership of TW / Tradeweb Markets Inc.

On February 12, 2026 - CIBC Private Wealth Group, LLC filed a 13F-HR form disclosing ownership of 357,060 shares of Tradeweb Markets Inc. (US:TW) valued at $38,398,232 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 24, 2025 disclosing 387,017 shares of Tradeweb Markets Inc.. This represents a change in shares of -7.74% during the quarter. The current value of the position is $35,859,536 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-12 2025-12-31 13F TRADEWEB MKTS CL A 892672106 357,060 -29,957 -7.74 38,398 -10.60 0.0649
2025-11-24 2025-09-30 13F TRADEWEB MKTS CL A 892672106 387,017 -8,902 -2.25 42,951 -25.90 0.0735
2025-08-12 2025-06-30 13F TRADEWEB MKTS CL A 892672106 395,919 -95,773 -19.48 57,963 -6.05 0.1035
2025-05-14 2025-03-31 13F TRADEWEB MKTS CL A 892672106 491,692 3,131 0.64 61,693 -5.81 0.1303
2025-02-12 2024-12-31 13F Tradeweb Markets CL A 892672106 488,561 -12,175 -2.43 65,496 5.76 0.1187
2024-11-13 2024-09-30 13F Tradeweb Markets CL A 892672106 500,736 320 0.06 61,926 17.75 0.1110
2024-08-09 2024-06-30 13F Tradeweb Markets CL A 892672106 500,416 82,489 19.74 52,594 21.54 0.0986
2024-05-10 2024-03-31 13F Tradeweb Markets CL A 892672106 417,927 2,970 0.72 43,272 14.75 0.0848
2024-02-13 2023-12-31 13F TRADEWEB MKTS INC CL A CL A 892672106 414,957 94,874 29.64 37,711 46.91 0.0799
2023-11-13 2023-09-30 13F TRADEWEB MKTS INC CL A CL A 892672106 320,083 1,396 0.44 25,671 17.63 0.0607
2023-11-21 2023-06-30 13F/A-1 TRADEWEB MKTS INC CL A COM 892672106 318,687 313,670 6,252.14 21,824 5,410.86 0.0477
2023-08-10 2023-06-30 13F TRADEWEB MKTS INC CL A COM 892672106 318,687 313,670 21,824 0.0477
2023-11-21 2023-03-31 13F/A-1 TRADEWEB MARKETS CL A 892672106 5,017 -987 -16.44 396 1.80 0.0009
2023-05-12 2023-03-31 13F TRADEWEB MARKETS CL A 892672106 5,017 -987 396 0.0009
2023-06-01 2022-12-31 13F/A-2 Tradeweb Markets CL A 892672106 6,004 -8,495 -58.59 390 -52.44 0.0013
2023-02-14 2022-12-31 13F/A-1 TRADEWEB MKTS INC CL A CL A 892672106 5,841 -8,658 379 0.0008
2023-02-13 2022-12-31 13F TRADEWEB MKTS INC CL A CL A 892672106 5,841 -8,658 459 0.0000
2022-11-15 2022-09-30 13F TRADEWEB MKTS INC CL A CL A 892672106 14,499 -628,028 -97.74 818 -98.13 0.0022
2022-08-03 2022-06-30 13F TRADEWEB MKTS CL A 892672106 642,527 -119,453 -15.68 43,852 -34.50 0.1139
2022-05-16 2022-03-31 13F TRADEWEB MKTS CL A 892672106 761,980 753,830 9,249.45 66,954 8,105.15 0.1461
2022-04-04 2021-12-31 13F/A-1 TRADEWEB MKTS CL A 892672106 8,150 0 0.00 816 24.01 0.0017
2022-02-08 2021-12-31 13F TRADEWEB MKTS CL A 892672106 8,150 0 816 0.0013
2021-11-12 2021-09-30 13F TRADEWEB MKTS CL A 892672106 8,150 -1,577 -16.21 658 -20.05 0.0015
2021-08-16 2021-06-30 13F TRADEWEB MKTS CL A 892672106 9,727 -1,896 -16.31 823 -4.30 0.0019
2021-05-12 2021-03-31 13F TRADEWEB MKTS CL A 892672106 11,623 -3,682 -24.06 860 -10.04 0.0022
2021-02-12 2020-12-31 13F TRADEWEB MKTS CL A 892672106 15,305 -818,772 -98.17 956 -98.02 0.0025
2020-11-03 2020-09-30 13F/A-1 TRADEWEB MKTS CL A 892672106 834,077 834,077 48,376 0.1482
2020-08-13 2020-06-30 13F TRADEWEB MKTS CL A 892672106 0 -882,094 -100.00 0 -100.00
2020-05-15 2020-03-31 13F TRADEWEB MKTS CL A 892672106 882,094 368,084 71.61 37,083 55.65 0.1590
2020-01-30 2019-12-31 13F TRADEWEB MKTS CL A 892672106 514,010 514,010 23,824 0.0777
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.